Property developers struggle to rebuild confidence in housing market after three years of economic pain
Gold bars, new cars and mobile phones are among the incentives being offered to potential homebuyers by Chinese property developers as they grow increasingly desperate to boost sales.
Huafa Tianfu, a developer in the eastern city of Hangzhou, has been offering up to a kilo of gold bullion to tempt people into buying its flats.
More Stories
ECB cuts rates for third time this year as Europe braces for Trump tariffs
Nvidia’s CEO makes surprise visit to Beijing after US restricts chip sales to China
Uyghur rights group calls on hotel chains not to ‘sanitise’ China abuses in Xinjiang